Bhim Acharya was born on 27 April 1959 in Toliya-6, Dhankuta. He is the son of Bal Prasad and Laxmi Devi Acharya. He has obtained Master"s Degree in Management.
Acharya joined students movement in 1975.
He joined Communist Party of Nepal (Unified Marxist-Leninist) in 1979.
He won the Sunsari–6 seat in Nepalese Constituent Assembly election, 2013 from the Communist Party of Nepal (Unified Marxist-Leninist). He won the Nepalese Constituent Assembly election, 2008 from Sunsari-6 constituency with 15,606 votes defeating Narendra Bahadur Basnet of Unified Communist Party of Nepal (Maoist).
He was appointed as the Chief Whip of the Parliamentary Party of the Communist Party of Nepal (Unified Marxist-Leninist).
He is a member of the 2nd Nepalese Constituent Assembly.
